Mbappe has not signed a contract with Real Madrid, but the deal could be announced once it is no longer possible for the clubs to meet in this season's Champions League.
The World Cup winner is PSG's record goalscorer with 244 goals.
Mbappe wanted his future sorted before March, so on 13 February, before training, he met PSG president Nasser Al-Khelaifi and told him he was leaving and joining Real.
After reports emerged last Thursday that he would leave, Mbappe was left out of the starting line-up for Saturday's match against Nantes, but came off the bench to score a penalty as PSG went 17 points clear at the top of Ligue.
Mbappe looked set to join Real in May 2022 until he made a dramatic U-turn and signed a new two-year deal with PSG which prompted LaLiga to file a complaint to UEFA that the French club had broken FFP rules.
But his relationship with PSG soured after Mbappe informed the club he would not be triggering a contract extension through to the summer of 2025, meaning he would become a free agent in 2024.
Mbappe was frozen out and not included in the club's pre-season tour after turning down Saudi club Al Hilal for a world-record transfer fee of £259m.
The script of this final chapter in the negotiation has been followed scrupulously both by Real Madrid, who wanted to avoid any slightest irregularity that could give PSG grounds to protest to UEFA and FIFA, and by the player, aware that after what happened in May 2022 he needed to 'reconcile' with the Madrid club's directors and above all with its fans.
In the first days of January, once his contract was entering the last six months of duration, Los Blancos contacted Mbappe's entourage to find out if the plan agreed in May last year was still in force and there were no changes.
The answer was positive. When eight months earlier he informed the Parisian club by letter that he was waiving the optional third season on his contract, he had already made a firm decision: his destination would be Real Madrid.
Real Madrid have been trying to sign Mbappe for about seven years. They are going to get him this summer.
"His entourage has been speaking to Real for the past three or four weeks trying to sort out a deal. It's complicated because of the numbers involved.
"He will become the highest-paid played in Real's history but he will have to take a wage cut. The amount he is earning at PSG is phenomenal.
"What Real will try to do is make it that he's the highest paid there but fits into their wage structure. They'll make it up to him by giving him big loyalty bonuses and a signing-on fee. They're willing to do that because they're getting him on a free transfer.
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